LLP stands for limited liability partnership in its full form. LLP is a hybrid of a regular partnership and a business, as certain of its characteristics are shared by both types of entities. The ease of formation and maintenance of LLP Registration is a major factor in its evolution. Additionally, it aids owners in reducing their responsibilities. The Limited Liability Partnership has one benefit over a conventional Partnership Firm over all others.

The Limited Liability Partnership (Second Amendment) Rules, 2022 have made the LLP registration process even simpler and more visible by requiring that all LLP paperwork be submitted online. A maximum of five designated partners may be included in an LLP.

Additionally, LLPs will receive their PAN and TAN along with the actual Certificate of Incorporation under the LLP (2nd Amendment) Rules, 2022. There is hence no need for a separate PAN and TAN application. The LLP registration process is quick because you can electronically submit your incorporation form. The process of registering an LLP online will save you a tonne of time and effort.

LLP Documents & Details Required:

• From partners:
  • Consent of partners
  • Self-attested copy of PAN Card 
  • Latest Bank statement/Electricity bill/ Telephone Bill/ Mobile Bill (Address Proof of the Partners)
  • Email address 
  • Mobile no.
• Copy of Electricity Bill/ Telephone Bill/ Water Bill not older than two months as a Proof of Registered office of Proposed Company
• No-Objection Certificate from the Landlord
• Main objects of an LLP
• Rental Agreement Copy between the LLP and the Landlord

Note: if partners not having DSC also needs to apply for DSC and following documents required for application of DSC:

• Self attested PAN CARD of partners
• Self attested Aadhar Card of partners
• Passport size photograph of partners
• Email address and mobile no. of partners